I recently joined Bigger Pockets. I've been looking for an audience to discuss my expertise with for a long time now, and Bigger Pockets seems to be just that--a community of savvy and sophisticated investors dedicate...
Hi all. My business partner and I are new to RE investing and are in the process of gathering as much information as we can. One of the things we were told was that we should start off as either a LLC or S-corp (o...
Hello BP,Does anyone know of avenues to find partners for MHP deals? I’m looking to connect with other like minded investors but not sure where to find those interested in MHP investing. Your suggestions are appreciat...
Hi everyone,I purchased a townhome at the end of last year and am "house hacking" Renting rooms and living in one of them but am looking to continue acquiring more properties. I am trying to find owners of 2-4plexes i...
I am in contract right now to buy a house and my chosen lender is Wells Fargo. I have locked in the rate with them, and they've given me two options, both 30-year fixed:3.375% (3.42 APR) OR 3.5% (3.5 APR) with 0.5% cr...
I see 7-12% fees for property management around here. $1500 month property. $150 at 10% x 12 = $1800 a year
$1800 x 10 properties = $18,000. Someone can manage 10 properties alone but still you are only pulling in $...
Alright Bigger Pockets friends, I am in need of some advice desperately. This has been keeping me up at night every night and I can’t find the right answer for my unique situation. I’m going to get very detailed with ...
Quote I got from an AC company here. To replace a low pressure sensor that is under warranty. They want $500 an hour for labor. WTF??To add insult to injury, every company I’ve asked for a quote based on the quote I g...
I own and operate 7 MHP communities in Florida. I have a elderly MultiFamily property seller that wants to avoid capital gains taxes in his lifetime by implementing this unique deal structure which my CPA said would w...
If I charge $500 at Lowes for supplies and list the entry as a supplies line item, then where does the credit card payment go? Can't wrap my head around this one.thanks in advance